The Indian economy took a body blow in the ongoing Covid-19 pandemic. The crisis has now made way for recovery, and India was not alone in facing it.
However, one thing sets India apart from most emerging peers and advanced economies: The fact that the country was undergoing a severe economic slump even before the pandemic. Much has been talked about the slowdown, and how it followed demonetisation and GST implementation.
Here, we divided the last two decades and a few more years in four-year chunks to see how incomes, consumption, investments and tax collection has grown over the period.